Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13890. (Read 26723899 times)

Thats what Im doing

A bitcoin maximalist can have 0% bitcoin in theory. Maximalism is just about how you define your goal. What is it that you are trying to acquire the most that you can of? If you want the most bitcoins that you can possably have at some point in the future, perhaps the best path towards that goal is to have no bitcoins at all at the present time.

Yeah right.  

Not gonna happen, chicken little.  

I will be accepting the formal apology from the bulls on my desk by the end of the month. Thanks.

My alts are only 3% of my crypto portfolio. 97% in btc and I consider myself a btc maximalist.

Alts are like lottery tickets to me in this space (crypto) just like bitcoin once was a lottery ticket to me that I wouldn't hold more than %5-8.

Ummm... people who went bitcoin a couple of years ago are rich AF and people who went silver are the same as ever bitter and angry at bitcoiners (see the comments section on zerohedge). I should know. I was more heavily invested in silver than bitcoin. Good thing it didn't end up taking a lot of bitcoin to get the job done...

hahahahahaha...

When in doubt or in a pickle, plead poverty.... I am with you there.   

As always nobody has a clue.

TAs should be banned from crypto.

twitter...

19% Bcash nodes lost after the HF...lol

Well.... on the dip a couple of days ago I bought (for the first time) some IOTA for a quick 10% profit. I have never felt so dirty even if it was for a mere 24 hours. That's probably the worst I have to confess.

I never use my Bitcoin for that, just some pocket FIAT laying on the exchanges. Profits end on BTC sooner or later though.

Just arrived back home to Canada from Vietnam. It was getting way too hot for comfort and productivity. Nice to be back in a temperature cooler than me.
I was pleasantly surprised to find this among Hong Kong airlines entertainment choices.  
Watched it twice  

O.k.  Caught you in a guilty admission against interest, bitservie wurvie.  Either you are going to have to go to confession for that, or buy us all drinks for the bitcoin profits that you have made from selling out.   

Really, I was trying to get at the question of the Lambos being planted at Consensus 2018, rather than the fact that real bitcoiners do actually buy Lambos when they are beginning to rake in the dough.  Maybe also, I was joking too much, because I did realize that it would have been quite probable that some folks had invested less than $10k into crypto - even Ethereum in the single digits, and were able to ride various waves into Lambolandia.

So, yes, there could be quite an appeal to have Lambos parked at these kinds of crypto events for marketing purposes, even when it ends up that those lambos are not owned by actual conference attendees.  Personally, I would not even want draw that much attention to myself, in terms of having anyone know that I was able to get the lambo through crypto rather than some other way of getting it that would not draw so much attention to me as a possible robbery target.

Squirrel gathered many corn..to fat to get back up tree for now. One level penalty.

Yes.

Here are a few requirements, off the top of my head:

You can remain a bitcoin maximalist, as long as you recognize that:

1) bitcoin is the ONLY meaningful long-term fundamental investment (largely based on its proof of work and currently, there are no other coins that are providing such foundational security in the space),

2) as long as you do not invest more than about 1/3 of your total crypto portfolio into various alts (and even 1/3 seems a bit much but could be reasonable in some circumstances),

3) as long as you recognize that you are going to have to strategically exit most of the various alts and have some kind of plan for such exit, unless the alts compose of such a small amount of your total crypto holdings, such as less than 5%, then you are not really relying on them for long term value.

4) Of course, an exception to the above 3 would be if you already hold a decently-sized value in bitcoin that allows you to be self-sustainable based on the passive income from your bitcoins, such as holding more than $5million in bitcoin for someone who has passive income requirements of less than $100k per year, would allow you to play around and to hold higher percentages of your crypto investment in other cryptos (largely because your living needs are already largely covered)....   

Has anyone bothered to look at the Consensus 2018 schedule of events for today?



I think I see the problem.